Heuking Kühn Lüer Wojtek advises Elmos Semiconductor SE on divesting its 200mm wafer fabrication
December, 2021 - Germany
A team led by Sonja Groht and Marion Sangen-Emden, both Partners at Heuking’s Düsseldorf office, legally advised publicly listed Elmos Semiconductor SE (‘Elmos’) on the sale of its 200mm wafer fabrication activities (‘FAB’) at the Dortmund site to Silex Microsystems AB (‘Silex’).
As part of the transaction, Elmos will transfer all relevant assets, contracts, and employment relationships directly linked to wafer manufacturing to a newly founded, stand-alone foundry operation. At closing, Silex will acquire 100 percent of the shares in this entity. Elmos and Silex also entered into a long-term supply agreement until at least 2027 for wafers manufactured at FAB. The transaction, which is subject to customary closing conditions and regulatory approvals, has a volume of about EUR 85 million.
Counsel to Elmos Semiconductor SE
Heuking Kühn Lüer Wojtek:
Sonja Groht (M&A, Lead) and Marion Sangen-Emden (M&A, Tax, Lead)
Dr. Tobias Woltering (Energy)
Mathis Dick, LL.M. (Commercial Lease)
Dr. Götz Karrer (Stock Corporation)
Astrid Luedtke (IP)
Beatrice Stange, LL.M. (Antitrust and Competition)
Michael Kreisler, LL.M. (M&A, Investment Control)
Christoph Hexel (Employment), all Düsseldorf
Dominik Eickemeier (IT)
Dr. Lutz Keppeler (IT)
Kristina Schneider, LL.M. (M&A), all Cologne
Dr. Markus Collisy (Public Law)
Bernd Weller (Employment), both Frankfurt
Dr. Thomas Jansen (Certifications), Munich
